Key facts
- China's foreign exchange regulator plans to reform cross-border foreign direct investment rules.
- New outbound investment quotas will be issued to facilitate global capital flows.
- The State Administration of Foreign Exchange will streamline outbound direct investment and foreign debt exchange management.
- Zhu Hexin, administrator of SAFE, announced the policy package at the Lujiazui Forum in Shanghai.
China's foreign exchange regulator plans to comprehensively reform rules governing cross-border foreign direct investment and issue new outbound investment quotas to facilitate global capital flows. Zhu Hexin, administrator of the State Administration of Foreign Exchange (SAFE), announced the upcoming policy package at the Lujiazui Forum in Shanghai on Wednesday. He added that the regulator will streamline outbound direct investment and foreign debt exchange management.